Staking $QBX: The Future of the VIP Club
In the coming months, the VIP Club will be going through some changes.
Some of these are short-term, to most benefit those that have $QBX. Some of these are long-term, to provide an infrastructure that will reward our community of loyal holders and supporters for years to come.
The First 3 Months
For those with claims. This applies to: Founder’s Key Holders, Presale contributors, community sale contributors, participators in QBX Quest & Tap, and those that bought $QBX with VIRs.
You’ll see that on your claims page, when you claim you will essentially be unstaking your $QBX.
This is because your tokens are already staked once the claims go live, and can be so for up to 3 months.
This initial 3-month staking period will be a vital starting point for the allocation of the second phase, the tier system listed below.
What you earn in the first 3 months:
- More $QBX tokens (36% APY on unclaimed tokens)
- VIRs, the loyalty currency of the QBX VIP Club
- Exclusive advantages in the tier system described below.
Those who accumulate more tokens will have a separate platform, that will offer similar terms.
Teasing: The Tier System
We are extremely excited to be announcing our staking Tier System, which will begin 3 months after TGE.
- For many months, the VIP Club has been open to all, and everyone has been enjoying the rewards.
- 3 months from now, the platform will be true to its name, as we will introduce 5 tiers, used to access new ways to earn more VIRs and spend them on our rewards.
- Whether you unlock the 5 tiers will be based on:
- The dollar value of $QBX & Founders Keys locked in the VIP Club
- Tier 5: from $100
- Tier 4: from $1’000
- Tier 3: from $10’000
- Tier 2: from $100’000
- Tier 1: from $1’000’000
- There will be a multiplier for staking Founder’s Keys with unclaimed tokens
- There may be other ways to unlock tiers in the future.
- The dollar value of $QBX & Founders Keys locked in the VIP Club
Important: In this three-month period, we have something special to allocate your tier for the QBX VIP Club. We’ll take the amount of tokens you hold at the end of the first 3 months and we will multiply it with the All Time High of the $QBX during these 3 months. This will determine which tier you’ll be getting when you lock up your $QBX in the VIP Club.
Example: You hold 100’000 $QBX tokens for the 3 months. The ATH at the time was $1, but the token currently sits at $0.9. Since the top was $1, you’ll still have $100’000 contributing to the tiers when you lock-up your QBX in the VIP Club, which unlocks tier 2 instead of just tier 3.
How can I earn VIRs?
- Locking up your $QBX or Founders Keys.
- Cash-back through shopping at hundreds of brands.
- Opening reward boxes.
- Interacting with us and our partners with quests.
- Watching and interacting with ads.
The higher your tier, the more points you’ll be receiving out of these activities.
How can I spend my VIRs?
- Lock up your VIRs to increase your tier.
- Get more $QBX or Founder Keys.
- Exchange in other loyalty currencies such as airline miles.
- Get products and gift cards from the brands you love such as Apple, PlayStation, Adidas, Netflix, Amazon and many more.
- Exchange your points to crypto directly on your Binance account.
- Do some good for others, and donate your VIRs to charitable projects.
- Get access to whitelists, token drops and allocations at top tier web 3.0 projects.
Also here, the higher your tier the more reward categories you’ll be able to unlock, and the more points you’ll be able to spend on them.
We cannot overstate how excited we are to bring this about, and to share more as the initial 3 months of staking comes to an end!
Until then, stay loyal, and we will continue making qiibee the most rewarding ecosystem in the world.
$QBX
The qiibee foundation is the world’s leading blockchain provider for the global loyalty market.
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